Liquid ammonia price: 3990 yuan/ton
Analysis: On December 7th, liquid ammonia in Shandong continued its upward trend yesterday. According to the Commodity Market Analysis System of Business Society, the daily increase in the main production area of Shandong was 1.7%. The main production areas in the north are mainly affected by inflation, while environmental protection in Shandong has affected the start of construction. Some urea plants in Hebei have reduced production, coupled with temporary failures in some plants in Shanxi, the market has shown a tightening of supply. On Thursday, large factories in Shandong and surrounding Hebei generally raised prices by 50-100 yuan/ton. The dealer’s offer followed suit. In addition, downstream procurement enthusiasm has slightly improved. Both supply and demand are favorable for the domestic ammonia market. At present, the mainstream quotation in Shandong region is between 3900-4000 yuan/ton.
Prediction: It is expected that in the near future, the equipment of northern liquid ammonia enterprises will gradually recover with the end of environmental protection, and the production of enterprises will increase in the later stage. The upward trend of liquid ammonia will be suppressed, and prices may have room to fall.
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